artist: Werner Reiterer

born 1964 in Graz
lives in Vienna



www.eugenlendl.com


project: A Hole in the World-Wide Financial System

"A Hole in the World-Wide Financial System",
Photo: mrs-lee.com


Several hundred coins in Euros of various amounts are fixed on the ground in the public area of the Graz district Gries.
The sculpture, which, according to the global circulation of money, can be seen as a quotation of the world’s biggest metal sculpture, will be registered as “lost money” at first hand. Through the attempt to collect the money, which is about to fail, the definition collapses.

The fact that money signifies “converted life time,“ meaning that every person has to invest some time in order to receive money (see also “wages per hour” as the value for the lifetime of a person), is broken through the level of trade. The sculpture temporarily cuts a tiny hole into the economic foil surrounding the whole planet with all its possible rules of trade.
The "hole" generated an "effluence of capital" and can only be closed with the extreme mechanical expense of removing the coins.

Since money is regarded and used as valueless material, as soon as spectators recognize the wanton situation, the work signifies an attack on personal value systems on the one hand, and a lesson about new behavior rules vis-à-vis “money on the street” on the other.